You’d think this would be a bigger story, but I guess the Trumpnado overwhelms the news cycle most days.

Former French president Nicolas Sarkozy was taken into police custody Tuesday over allegations he illegally accepted 50 million euros ($68.5 million) from the government of the late Libyan leader Moammar Gaddafi to finance his successful 2007 presidential campaign.

The detention of Sarkozy — France’s president between 2007 and 2012 — represented a major development in what is likely to become an explosive political scandal.

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If the allegations are true, it would mean Sarkozy knowingly violated France’s campaign finance laws, which in 2007 capped campaign funding at 21 million euros ($28.8 million). In the presidential election that year, Sarkozy narrowly defeated Ségolène Royal, a Socialist, in the final round of the vote.

Investigators and journalists have long scrutinized potential connections between the former center-right president and Gaddafi.